The article discusses the need for a new climate finance target post-2025 and suggests key elements for negotiations. It highlights the challenges with the current target of $100 billion per year and emphasizes the importance of addressing these issues before increasing the target. The researchers propose setting a sub-target for grants to increase transparency and accountability in climate finance. They also stress the importance of balancing adaptation and mitigation efforts, mobilizing private finance, and ensuring new and additional finance for developing countries. The article suggests that a clearer definition of climate finance targets is needed to effectively support developing countries and mobilize finance at scale.